Section 22 in The Companies (Indian Accounting Standards) Rules, 2015
22. Some entities present historical summaries of selected data for periods before the first period for which they present full comparative information in accordance with Ind ASs. This Ind AS does not require such summaries to comply with the recognition and measurement requirements of Ind ASs. Furthermore, some entities present comparative information in accordance with previous GAAP as well as the comparative information required by Ind AS 1. In any financial statements containing historical summaries or comparative information in accordance with previous GAAP, an entity shall:
(a)label the previous GAAP information prominently as not being prepared in accordance with Ind ASs; and(b)disclose the nature of the main adjustments that would make it comply with Ind ASs. An entity need not quantify those adjustments.Explanation of transition to Ind ASs
